CFTC still facing tough to-do list
Regulator has finalised 39 rules but 14 remain at proposal stage - including six that have been outstanding for more than 500 days
US swap market participants have been waiting more than 500 days for final versions of six proposed Dodd-Frank Act rules by the Commodity Futures Trading Commission (CFTC), with at least a further eight proposed rules also awaiting finalisation, analysis by Risk shows.
Among the outstanding items are some of the most controversial rules the CFTC has been tasked with, including those on swap execution facilities, margin requirements for uncleared trades and the agency's version of the Volcker
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